Iraq and Total sign $27 bln energy projects deal
France’s Total (TTEF.PA) will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad on Sunday, the country’s oil minister said. The company will Continue Reading
INOC launches, aiming to restructure Iraq’s oil sector
he Iraqi National Oil Company (INOC) has taken two significant administrative steps to become operational, signaling a potential sea change in the structure of Iraq’s oil sector. In an Aug. Continue Reading
Total expected to sign massive energy deal on Sept. 5
French supermajor TotalEnergies is scheduled to sign a multi-billion-dollar energy deal with Iraq this Sunday in Baghdad, according to several officials familiar with the plans. A formal invitation to the Continue Reading
Iraq, TotalEnergies Close to Signing Oil, Solar Deal
The government of Iraqi and TotalEnergies SE are close to finalizing an accord that will trigger billions of dollars of investments aimed at boosting oil and gas production and reducing Continue Reading
Iraq, TotalEnergies Close to Signing Deal on Oil, Solar Projects
The government of Iraqi and TotalEnergies SE are close to finalizing an accord that will trigger billions of dollars of investments aimed at boosting oil and gas production and reducing Continue Reading
Large Methane Plume Detected Over Southern Iraq
Satellites detected a large release of super-warming methane gas over southern Iraq last month. The methane cloud, spotted by geoanalytics firm Kayrros SAS using European Space Agency satellite data, was Continue Reading
Baghdad makes second KRG budget transfer
Iraq’s federal government has sent a second budget transfer to the semi-autonomous Kurdistan Regional Government (KRG) under a stop-gap political deal . Two senior KRG officials said the transfer, of Continue Reading
Lukoil plans to ramp up oil output at West Qurna 2 field to 480,000 b/d in 2022
Russia ‘s second-largest crude oil producer Lukoil hopes to increase oil output at the West Qurna 2 project in Iraq to 480,000 b/d next year, the company said during a Continue Reading
BP Spins Off Operations Of Iraq’s Largest Oilfield
BP is spinning off its assets in Iraq by setting up a joint venture with PetroChina which will manage Iraq’s largest oilfield Rumaila as the UK-based supermajor is looking to Continue Reading
Macron visit feeds hopes of breakthrough for Total deal
The French president’s second trip to Iraq in less than a year could potentially help push a massive energy deal across the finish line for TotalEnergies. Iraqi Prime Minister Mustafa Continue Reading